Jet Slumps as India Defers Decision on Stake Sale

Jet Slumps as India Defers Decision on Stake Sale

Dhiraj Singh/Bloomberg

A Jet Airways (India) Ltd. aircraft prepares to land at Chhatrapati Shivaji International Airport in Mumbai. Shares of Jet slumped as much as 13 percent after the government deferred a decision on the airline’s plan to sell a stake to Etihad Airways PJSC.